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Showing 151 - 160 of 375 results for "Reduces"

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... not existing Cbus members. Members can apply for death and TPD but not IP insurance, and any cover received is fixed and reduces by 20% year on year. The PDS states that those in the Corporate Super offering will pay 0.65% a year in investment fees ...

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
... Chubb Australian Insurance not being able to provide such a product," NESS told members in a statement. Group life cover reduces significantly Hannover Re will continue to provide group life insurance for the fund. However, the fund is reducing the death ...

MLC funds tone down return expectations

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
... 3.5% and 2% per annum. "The unusually low cash rates we've been experiencing around the world for an extended period reduces the return potential of other asset classes too. Therefore we're adjusting the investment objective of the Portfolio ...

BetaShares defends Dividend Harvester ETF after critical report

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
... argued: "It is a unique fund, designed specifically for retirees and pre-retirees to deliver a tax effective dividend that reduces equity volatility." "Since its inception in 2014 it has met all its objectives, specifically the risk management strategy ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
The Federal Government has announced changes to deeming rates, a move welcomed by over 600,000 age pensioners. The Department of Human Services (DHS) will backdate deeming rates from 1 July 2019. The lower deemed rate will drop from 1.75% to 1%, while ...

Antares portfolio manager departs

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
... now has a negative rating for the fund, Morningstar's rating is four stars. "There isn't any institutional money which reduces the probability of a wave of large redemptions. Nevertheless, outflows could occur when the changes in personnel are announced," ...

Risk commission changes imperil advice practices

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
... meant premiums had to be capped at 70%; a 20% trailing commission is charged thereafter. From 1 January 2020, the cap reduces to 60%, with a 20% trailing commission thereafter. "The commission model gets the blame for poor advice, poorly documented and ...

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... "While this likely has limited impact on our credit tightening thesis, it may stabilise sentiment and hence materially reduces downside risk to the UBS outlook for housing and the negative wealth effect on the consumer and economy." The Coalition also ...

Financial advisers weigh in on factor investing

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
... is the most efficient, effective and robust approach that delivers the greatest benefit to her clients. Furthermore, it reduces costs, minimises unnecessary trading and tax, and implements a disciplined and well-diversified portfolio, she added. "If ...

SMSF gender gap reduces over time

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
Latest research from Class shows the superannuation gap between men and women reduces over time in SMSFs yet remains significant. According to the self-managed super administrator, men have a 42% higher average balance than women when SMSFs are established. ...